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Egyptian-Tunisian higher committee probes implementation of Aghadir agreement
It will probe as well mechanism of carrying out the four way Agadir agreement between Egypt, Tunisia, Jordan and Morocco to set up a free trade zone.
Egypt-Tunisia, Economics, 3/9/2002
Moroccan Designer's Fulgura exhibited in Geneva Motor Show
"Fulgura," a car entirely designed by Moroccan Abdesslam Laraki, is exhibited at the 72nd Geneva Motor Show this March 7-17.
Morocco, Business, 3/9/2002
Missions to promote Egyptian commodities in European markets
The Egyptian Exports Development Center of the Ministry of Foreign Trade is preparing a number of missions to promote Egyptian products in the markets of Belgium, Italy, Estonia, Lithuania and Latvia in May.
Egypt-European Union, Economics, 3/9/2002
Fahmi tours four offshore wildcat wells Egypt's huge reserves attract int'l companies
"Egypt is currently witnessing intensive activities by world major companies to prospect for oil and natural gas and develop discovered offshore fields in the Mediterranean Sea," said Minister of Petroleum Sameh Fahmi.
Egypt, Economics, 3/9/2002
Oman receives kuwaiti trade delegation
He said the meeting also stressed the importance for cooperation in various investment fields including setting up joint ventures in the industrial, tourism and services spheres, particularly in oil and gas based and IT projects.
Oman-Kuwait, Economics, 3/9/2002
Islamic Development bank grants $ 50 mln to palestinians
The Islamic Development bank (IDB) will grant the Palestinian treasury 50 $ Mln, Palestinian representative in Ryad said Wednesday.
Palestine-Regional, Economics, 3/9/2002
Egyptian-Chinese business council considers setting up new 12 projects
Abu-Ismail added that the visiting delegation will group 42 businessmen who will hold talks with their Egyptian counterparts on setting up new 12 projects in producing diesel engines, painting oils, car spare parts and waste recycling plant in Beni-Swif.
Egypt-China, Economics, 3/9/2002
L.E. 5 billion soft loans allocated to small size enterprises
Egyptian SPrime Minister Atef Ebeid said that Egypt has realised huge achievements in the field of oil and natural gas.
Egypt, Economics, 3/8/2002
Moroccan business delegation to travel to Egypt next week
Morocco-Egypt, Economics, 3/8/2002
Syria stresses commitment to building al- Wahda dam
The Syrian minister of irrigation Muhammad al-Mardini said on Thursday that his country is committed to the agreement to build al-Wahda dam and developing al-Yarmouk basin according to specifications agreed upon with Jordan.
Syria-Jordan, Economics, 3/8/2002
Ghali hails US decision on steel import tariffs
Egyptian Minister of Foreign Trade, Youssef Boutros Ghali on Wednesday lauded US President Bush's decision to exempt Egypt from the new steel import tariffs which range between 8 to 30 percent.
Egypt-USA, Economics, 3/8/2002
European Investment Bank delegation visit Syria
Syria-European Union, Economics, 3/7/2002
Iraq: trade agreement to be signed with Lebanon
Iraq's vice President Taha Yassin Ramadan said on Wednesday that Lebanon and Iraq have completed measures to sign an agreement for free exchange to be signed very soon.
Iraq-Lebanon, Economics, 3/7/2002
Some 20471 Bahraini unemployed
Number of unemployed Bahraini citizens reached a 17402 ( representing 13% of the labor force) by the end of 2001, despite the efforts made by the government to solve this persistent matter.
Bahrain, Economics, 3/7/2002
UNDP backs micro-loans to Moroccan rural women
The UN Development Program (UNDP) and the Moroccan Zakoura Fondation signed in Rabat this Thursday an agreement related to the extension of micro-loans to poor rural women in the central region of Al-Haouz.
Morocco, Economics, 3/7/2002
Designated WTO president vows to support developing countries
The president-elect of the World Trade Organization (WTO) vowed to boost the power of developing countries in the organization, while castigating developed countries for suppressing the voices of their less-developed counterparts.
Regional, Economics, 3/7/2002
Some 300 Saudi pilots are unemployed
The Saudi daily al-Watan issued on Wednesday said that some 300 Saudi pilots are suffering unemployment as from their graduation from the US, since two years.
Saudi Arabia, Economics, 3/7/2002
Portuguese company sells Moroccan power, water concession to French Vivendi
Electricidad De Portugal Group (EDP) on Monday announced the sale to French Vivendi Group of all 29 percent of shares it holds in REDAL, a firm managing drinking water and power distribution in the Moroccan capital city of Rabat and its twin town of Sale.
Morocco-Portugal, Business, 3/7/2002
More killings in Algeria
Some 12 municipal guards were killed on Tuesday evening in an attack on their barrack carried out by an armed group in Skeikda province to the east of Algiers.
Algeria, Economics, 3/7/2002
Jordan gets an American grant
The Jordanian and the American governments on Wednesday signed an agreements provides that the US will give a grant to Jordan estimated at USD 37.137 million in support of the Jordanian economy.
Jordan-USA, Economics, 3/7/2002
$ 7 billion, losses of the Palestinian economy
The Palestinian delegation taking part in the meetings of the Arab labor conference currently held in Cairo reviewed the situation in the occupied Palestinian territories and the delegation announced that "unemployment rate reached 70% of the volume of the labor force because of the brutal Israeli practices and that two million Palestinians have become under the line poverty and losses of the Palestinian economy just for 2001 reached USD 7 billion."
Palestine, Economics, 3/6/2002
A Jordanian- European memorandum of understanding
Jordan and the European Commission on Tuesday signed a memorandum of understanding which permits, according to the European MEDA 2 program, Jordan will be granted 142 million EURO for three years 2002-2004.
Jordan-European Union, Economics, 3/6/2002
Chinese businessmen team seeks boosting economic ties with Egypt
A large Chinese businessmen delegation comprising members of the Chinese business organisations and chambers of commerce and industry is due in Cairo on March 17 for discussing the joint projects to be established within the framework of the Egyptian-Chinese Business Council set up during President Hosni Mubarak's recent visit to China
Egypt-China, Economics, 3/6/2002
World Bank President Calls for a Doubling of Foreign Aid
The Bank estimates that it will take on the order of an additional $40 to $60 billion a year to reach the Goals -- roughly a doubling of current aid flows. In his address, Wolfensohn says budgetary realities in rich nations may make it impossible to double aid overnight. He calls for a gradual phasing-in of more aid -- an additional $10 billion a year for the next 5 years, building up to $50 billion in year 5.
Regional, Economics, 3/6/2002
Ghali asks US customs authorities to ease flow of Egyptian exports in US ports
Egyptian Foreign Trade Minister Youssef Ghali discussed with US Senior officials means to overcome some of the hurdles that have been facing Egyptian export shipments in US seaports since Sept. 11 events.
Egypt-USA, Economics, 3/6/2002
Egypt calls for opening more US markets before Egyptian products
Egyptian Minister of Foreign Trade Youssef Boutros Ghali said that Egypt called for opening more new markets before the Egyptian products, especially fruits, vegetables, construction materials, ceramics, marble and granite.
Egypt-USA, Economics, 3/5/2002
Bahraini company: Learn English via the Internet
The al-Khaleij company for computers which has Bahrain as a headquarters on Monday agreed with " English Town " school to ensure teaching the English language via the internet in the Middle East region.
Bahrain, Business, 3/5/2002
Saudi - US trade cooperation
Saudi Arabia-USA, Economics, 3/4/2002
Saudi Arabia boycotts a company over selling products of Israeli origin to the Arab states
The Saudi minister of trade Osama Bin Jaafar al-Faqeh has issued a decision banning dealing with the Cypriot company "VitaJreika limited" over exporting commodities of Israeli origin to the Arab states.
Saudi Arabia-Israel, Economics, 3/4/2002
Turkish delegation in Baghdad
Adviser of Turkish Foreign Trade Ministry Turshad Tuzman arrived Saturday evening in Baghdad leading a big delegation of businessmen for a several-day visit to Iraq.
Iraq-Turkey, Economics, 3/4/2002
EIB provides 50 million Euro to finance second stage of underground metro
The European Investment Bank (EIB) signed a 50 million euro long-term loan with Egypt on Saturday to finance the second stage of the Greater Cairo Underground Metro project.
Egypt, Economics, 3/4/2002
Regional airlines operates daily flight between Laayoune and Las Palmas
Regional Airlines, a private carrier, will start as of Tuesday servicing a daily flight between the Moroccan southern city of Laayoune and the Canary Islands city of Las Palmas.
Morocco, Business, 3/4/2002
Morocco's hotel industry picked as special guest of Italian fair
The Moroccan federation of Tourism and the federation of hotel industry signed with the Genoa fair an agreement setting arrangements for Morocco's participation in the international fair of hotel industry slated for next November 9-13.
Morocco-Italy, Economics, 3/4/2002
Electricity equipment exhibition in Baghdad
An exhibition for the technologies of electricity, generation, transport and distribution will be opened today in Baghdad with the participation of 60 companies representing some 19 Arab and foreign countries.
Iraq, Economics, 3/4/2002
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